Worried About Medicare Costs in Retirement? 3 Ways to Shrink Them.
Once you retire, a good number of your expenses are likely to decrease. You might spend less on housing if your mortgage is paid off. And if you're not commuting to work every day, your transportation costs should shrink.But if there's one expense you're likely to pay more for in retirement than during your working years, it's healthcare. And one myth you don't want to believe is that your healthcare expenses won't be so high under Medicare.Image source: Getty Images.Continue reading
Once you retire, a good number of your expenses are likely to decrease. You might spend less on housing if your mortgage is paid off. And if you're not commuting to work every day, your transportation costs should shrink.
But if there's one expense you're likely to pay more for in retirement than during your working years, it's healthcare. And one myth you don't want to believe is that your healthcare expenses won't be so high under Medicare.
Image source: Getty Images.
